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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Defiance Nasdaq 100 Enhanced Options Income ETF (NASDAQ:QQQY)

Bear Market Rally (-75) - QQQY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QQQY as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QQQY?

MarketClub looks at technical strength and momentum to determine if the timing is right for QQQY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QQQY
Open High Low QQQY Price Change
17.5100 17.6199 17.5017 17.5950 +0.0250
Entry Signal

MarketClub’s Trade Triangles for QQQY

long term down The long-term trend has been DOWN since Sep 19th, 2023 at 19.80

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2023 at 17.75

short term up The short-term trend has been UP since Dec 8th, 2023 at 17.58

Smart Scan Analysis for QQQY

Based on our trend formula, QQQY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QQQY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.5100 17.6199 17.5017 17.5950 +0.0250
Prev. Close Volume Bid Ask Time
17.5700 211834 2023-12-08 10:48:54
52wk High20.1852wk High Date2023-09-14
52wk Low17.352wk Low Date2023-12-04
Average Volume700,280
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